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 Replies: 54 / Views: 5,407 |
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Valued Member
United States
86 Posts |
By the way, with that kind of luck, did you buy lottery ticket that night. I sure would have!
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Valued Member
United States
228 Posts |
I don't see any problem. That is why people comb flea markets, garage sales, antique malls instead of just going to coin dealers. The idea is to get it as cheap as you can. After all, the lady could have not accepted the offer. I don't think anyone on this site would not have bought them for that if they had the chance.
I guess next time we buy a used car, we should just go to the bid dealerships to buy instead of buying off a private party to save a LOT of money. After all, wouldn't that be the moral thing to do ?
Good for you, I say.
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Moderator
 United States
189340 Posts |
Something to ponder...
Do people who roll-search owe anything to the banks when they have highly profitable finds? What if that roll of silver half-dollars has contact information on the outside, do you call them up and offer a fair price (minus the face you paid the bank)? What if you get something worth more than face-value in change at a local mom-and-pop?
IMHO, the answer is there is no hard fast rule. Each situation is different, but we all look for a good deal and have an idea of what is fair or not. In the end, it only matters if we feel good about the choices we make. Things do tend to even out in the end. People who continuously and knowingly take advantage of others eventually become concerned about being taken advantage of. Those good feelings dwindle from paranoia. I believe karma is real, just not in a mystical sense!
For the record, I do not think bigcartwheels did a bad thing, since many dealers might have offered her less. She also might not have wanted to deal with them or finding a coin show. There are just to many variables.
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Pillar of the Community
United States
2254 Posts |
quote:
I tried to post some pics, but my file size was to large for the system, and I am not computer savy enough to change it
What is your current file size? Save a picture to your desktop for easy access. Then right click on top of it and select properties. I have found on my PC I actually have to be under 80kb to stay under the base forum limit of 100k. If it's over 80 or 100, open the picture by double clicking on it. Depending on what program opens it, you can go right at editing, or you may need to select "edit the picture". Once at the editing stage, get rid of everything except the coin/coins in the display by cropping. From there resize the image smaller. You can usually select a pixel count when resizing. I have found that 500x500 will get you small enough as long as the misc. area is cropped out. If you're still having issues, email me and I'll get the pictures from you and show you what I mean. Hope that helps, as I'd love to see some pics. |
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Pillar of the Community
United States
2049 Posts |
I say congrats on your good find. To those who are preaching about morality, he made an offer and the lady accepted it. End of story. If she is selling something and doesn't know what it's worth, that's her issue not the buyer's. It would be no different if you found a valuable painting at a flea market and offered $200 for it knowing it was worth $1000 for example. Again, it's the seller's responsibility to know the value of the items being sold and if they mess up, it's their fault only.
Sorry if this sounds harsh, but I dont agree with the people trying to push the morality angle on this guy as if he did something so horrible. There's a saying called "buyer beware" so why shouldnt that apply to a seller as well?
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Pillar of the Community
United States
2797 Posts |
bigcartwheels, I really don't want this one to die before I see pictures of the cache. Tights offered to help and I'll also offer to help. Please let us see the pics!  |
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New Member
United States
14 Posts |
Any further word on pics?
I think Big was fair. Would like to find a deal like that.
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Valued Member
United States
128 Posts |
Congrats on your great find BigCartwheels! Truth be known, that lady was possibly bragging to her friends and family later on how she made $425 in profit on those 'old coins' she had inherited. Of course we have no way of knowing if that's the case or not but let's face it, she probably ended the day feeling like she just had the best yard sale of her life. If this wasn't the case then I doubt she would have sold them. I like jbucks point(s) on great finds we might make in CRHing and other ways. You did nothing wrong big cartwheels. You and the seller got a great deal! I only have one point on my beliefs on any similar situation. I feel that if you are willing and ABLE to, you should give your sellers the best deal you possibly can. One good reason (among others) for this? They will always remember you and just might spread the word about you as an awesome reference to anyone they know that is interested in selling their coins. This holds true for any goods you might be interested in buying from anyone. But especially so when buying from an individaul. A good reputation that results in positive word of mouth references is some of the best advertising you will ever have, and it's free! This isn't something directed at you BCW but this is just some advice for anyone that is trying to make a profit in numismatics. This is business sense not a moral opinion. We have two city-wide yard sales each year in the town I live near. I know I'll be asking some folks about old coins they might have this spring. Maybe (hopefully) I'll be so fortunate and find some similar deal. Operating on a narrow profit margin isn't as nice as making bigger profits on a great deal but both methods offer big rewards. Huh, that sounds pretty good. Maybe I should make that my famous quote or somthin'  . Happy hunting to all. -Bill. |
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Moderator
United States
189340 Posts |
quote:
I like jbucks point(s)...
I only have one point on my beliefs on any similar situation. I feel that if you are willing and ABLE to, you should give your sellers the best deal you possibly can. One good reason (among others) for this? They will always remember you and just might spread the word about you as an awesome reference to anyone they know that is interested in selling their coins.
And you make a great point as well! It reinforces what I said, that things even out in the end. One really good deal now versus many good deals with a higher cumulative return. As always, if all parties were comfortable with the transaction, then it was a good deal, which I will give the benefit of the doubt that BCW accomplished. |
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New Member
 United States
40 Posts |
here is a pretty hard find that was in the collection, I will post more later Image:  pic.jpg89.99 KB Image: 111.jpg41.14 KB |
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Pillar of the Community
United States
619 Posts |
Great deal. I can now understand why you picked your nickname.
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Pillar of the Community
United States
1571 Posts |
Six bucks a throw, is not bad! If the lady had the blue book in hand when dealing for them, and accepted the offer, then sha was apparently satisfied at what she got for them, or she would have "just said NO"!
dick
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Valued Member
United States
336 Posts |
i talk a guy to sell his collection to a coin dealer.and found out later on the collection was around 500,000.00.and it was all 1$ coins.one of the rolls was the 93 S from ag to fine
Edited by toniblab
03/30/2008 9:35 pm
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Pillar of the Community
United States
2373 Posts |
That was an amazing find and thanks for the tip about not placing the old coins in plain view. If you don't ask you might miss a deal like this one. I have to remember that one!
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Pillar of the Community
United Kingdom
2217 Posts |
Nice deal!!
Why can't I be so lucky?
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Replies: 54 / Views: 5,407 |
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Posted 01/21/2008 3:00 pm
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